Highlights of student-led ventures participating in the LaunchPad Lift Cohort, part of the Blackstone LaunchPad® powered by Techstars® entrepreneurship program.
These days, Americans are feeling more anxious than ever. According to the Anxiety and Depression Association of America, “Anxiety disorders are the most common mental illness in the U.S., affecting 40 million adults in the United States age 18 and older, or 18.1 percent of the population each year.” Without treatment or engaging in stress-reducing activities, feelings of anxiety can impact quality of life, job performance, and even your health.
A student-led venture from Temple University’s Blackstone LaunchPad powered by Techstars entrepreneurship program has developed CALM, which uses neurotechnology to treat anxiety. CALM (Compact Anxiolytic Lull Mechanism) is a portable, non-invasive device that uses pulses of vibrations to alter the brain waves that influence anxiety, and help people regain control of stress levels
When a person feels intense stress or anxiety, she places CALM behind her ear, at the base of her skull. From there, CALM sends pulses of vibrational stimulation to the inner ear through bone conduction, which allows the brain to receive the signals. These pulses influence the user’s brain waves, creating a calm brain state, with wave patterns similar to those created by relaxation and meditation.
Daniel Couser, Founder of CALM, was inspired to develop this device for a friend who suffered from anxiety disorder. He saw first hand how this mental illness can impact a person’s life.
“Anxiety can be debilitating. Being close to the issue urged me explore new and different ways to approach anxiety, resulting in the development of CALM,” Daniel said. “CALM provides a fast acting tool that can be used by individuals to better manage anxiety at home, work, school, or anywhere else that a person may go.”
Daniel reports that they are planning to conduct proof of concept testing in the first quarter of 2019, in clinics with individuals that suffer from anxiety disorders. This preliminary research will help them further develop the device, better understand the needs of people struggling with anxiety, and formulate next steps for research.
CALM was selected for the inaugural LaunchPad Lift Cohort, a 10-week personalized mentorship-driven program for student-led ventures from the United States and Ireland, as well as a $10,000 grant to help move their business forward.
“Through the Launchpad Lift Cohort, I am looking forward to connecting with high-caliber mentors and refining the execution strategy of the business, as well as learning how to run an efficient business,” Daniel said. “Being able to learn from entrepreneurs who have built successful businesses as well as the founders from the other companies in the cohort will help CALM to excel, and assist us in our mission to provide a new tool to help manage anxiety.”
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